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-0.00131233595800522 -0.0022965879265092 0.0022965879265092 -0.000656167979002611 -0.00262467191601044 -0.0173884514435696 -0.026246719160105 -0.025262467191601
Stock impact report

BP chairman quits after green energy plan gutted [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The oil giant said on Friday that Helge Lund would step down “in due course”. The announcement comes amid a campaign by activist US hedge fund Elliott for more change at the company, which has already watered down green energy plans previously adopted under Lund. The Norwegian backed BP's 2020 decision to cut fossil fuel production 40pc by 2030 and become an “integrated energy company” focused on low carbon energy. He was also in charge during BP's 2020 appointment of Bernard Looney, the chief executive who committed the company to its low carbon path but who then left over his undeclared relationships with colleagues Mr Lund said on Friday: “Having fundamentally reset our strategy, BP's focus now is on delivering the strate Read more
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